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Memorandum To: Market Participants From: NZX Product Operations Date: Wednesday, 14 February 2018 Subject: TRS Investments Limited ("TRS") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that, at the request of the company, it has placed a trading halt on TRS Investments Limited ("TRS") Ordinary Shares at 4.01pm today. The halt has been placed pending an announcement from TRS regarding the LIDA transaction. The halt will remain in effect until the earlier of the release of that announcement or market open on Friday, 16 February. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00314202 For:TRS Type:HALT Time:2018-02-14 16:27:40